The Red Money

Is 760 a Perfect Credit Score? (What is Perfect and Does it Matter?)

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What is considered a perfect credit score? Does a 760 FICO score qualify as “perfect” credit? The technical answer is that, no, it does not. 850 is the highest credit score you can achieve and 800-850 is considered “excellent credit”.

That being said, 760 will likely provide you all of the same benefits as an 800+ credit score. In other words, you’ll still get approved for all of the same credit lines, and even likely get all of the same rates with a 760-780 FICO score.

That is where we need to be aiming. [Read more…]

How Much to Start Your Own Business in 2023

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How much does it cost to start your own business as we enter 2023? Clearly this will depend on what business you’re starting, so let’s look into what the costs are for different business models. We’ll go through this tier by tier to see what could be possible to help get out of the rat race.

To be fair, you can start a business for less than $100 but more time will be required as opposed to capital. I don’t think it’s any surprise that the more money you have up front the easier it is to get going.

Some people have very little up front to get started and that’s why we will look at various business models within different tiers. This means that literally anybody can have their own business up and running depending on where they fall. [Read more…]

Are Online Colleges Worth It?

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With the prevalence and availability of online colleges, it’s hard to imagine attending on-campus classes anymore. The COVID-19 pandemic blurred the lines between physical attendance in college and online classes.

But even before then, online colleges became popular as more people realized their potential. With online classes, you could study and have a job with a much lower cost associated with them.

So, how do you now decide between an online college and a college that offers online classes? Are online colleges worth it? [Read more…]

Stock and Crypto Portfolio Tracker (Excel Template With Risk Allocation)

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One thing I’ve realized after investing for the last couple of years and seeing things swing so drastically is that you absolutely need to have a template to track what you’re doing. Using an excel template as a stock and crypto portfolio tracker is a great way to keep track of not only your profits and losses but the actual allocation of your assets as well. [Read more…]